The surprise decision to fix the rate of the kyat has harmed the competitiveness of Myanmar’s rice exports, traders say, and orders from abroad are already beginning to decline.
Consider being a Frontier Member.
Support independent journalism in Myanmar. Become a Frontier member today
The economy “has not performed well enough” since the NLD government took office more than 15 months ago, Pun said.
The challenges facing Myanmar in meeting demand for power are less about technical skill or knowledge than building consensus behind a viable electrification policy and the capacity to deliver on it.